Business Update22 Jun 2026, 08:10 pm
Network People Services Technologies Ltd Secures PSU Order
AI Summary
Network People Services Technologies Ltd has announced securing a significant order from a Maharatna Public Sector Undertaking. The company will serve as the Technology Service Provider (TSP) for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. This solution will be deployed on a Software-as-a-Service (SaaS) model, which is expected to generate recurring revenue for the company over the contract duration. The order is considered to be in the ordinary course of business.
Key Highlights
- Secured order from a Maharatna Public Sector Undertaking.
- Will act as Technology Service Provider for UPI TPAP application.
- Solution to be implemented on a SaaS model.
- Expected to generate recurring revenue stream.
- Order received in the ordinary course of business.
Price Impact
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